City Brookfield Financial News
16.03 / 05:01
Citi
Remark
Reddit
Celebrity
voice
rights
peace
Bengaluru woman says neighbour tried to stop her from playing Holi, told her, 'Go back to your state'. Netizens chide her for having 'no civic sense'
The woman, posting under the Reddit username «IllustratorFresh4423,» recounted that the event took place in Brookfield, Bengaluru. According to her, a resident in the vicinity became agitated, asserting that their festivities were disrupting his peace and leaving the sidewalk outside his home messy. She argued that since the pavement was public property, they had every right to play Holi there. In her detailed account, she described how the disagreement escalated. She stated that she and her friends were enthusiastically taking part in the celebrations when the neighbor suddenly confronted them, instructing them to refrain from playing on the road. When they refused to comply, he returned and, according to her, aggressively demanded that they vacate the area.
24.02 / 18:05
UPS
FIVE
Strategy
Brookfield seeks to raise US$7 billion for infrastructure fund
Brookfield Asset Management is seeking to raise at least US$7 billion for its fourth infrastructure debt fund, according to people familiar with the matter.
27.11 / 21:23
24.11 / 19:43
markets
UPS
Digital
Pool
awards
trends
US-based State Street leases Brookfield Properties' office tower near Mumbai’s BKC to set up GCC
financial services and investment management firm State Street Corporation has picked up an entire commercial office tower near Mumbai's business district Bandra-Kurla Complex (BKC) from Brookfield Properties through a long-term lease of around 10 years, said people with direct knowledge of the development. The company will be paying a total rental of more than Rs 350 crore for the office spread over around 250,000 sq ft through the entire lease tenure. The Boston-based company has leased the office space spread across the ground plus six-storey tower, which is part of a 10-acre commercial complex Equinox Business Park, to set up its global capability center (GCC) serving clients globally.
21.11 / 00:19
markets
UPS
IPO
Juniper
hospital
reports
travelers
Hotels join the fray as IPO frenzy continues
Subscribe to enjoy similar stories. While new-age ventures received all the spotlight in the markets, hospitality companies have quietly drawn serious interest from investors after the post-pandemic boom in travel and tourism. Samhi Hotels Ltd, Apeejay Surendra Park Hotels Ltd and Juniper Hotels Ltd have gone public, and some big-ticket block deals have happened.
12.11 / 11:47
Align
exclusive
Brookfield to sell €470m Tritax EuroBox assets to SEGRO following takeover
In two separate stock exchange notices today (12 November), both firms confirmed they had signed non-binding heads of terms and a binding exclusivity agreement for SEGRO, either directly or through a partner, to acquire a portfolio of six EBOX assets from Brookfield. The assets in Germany and the Netherlands account for around 31% of Tritax EuroBox's portfolio value, aligning with Brookfield's previously stated plan to generate proceeds of 20-30% of the portfolio's gross value, according to the EBOX board. Tritax EuroBox backs competing 28% premium cash offer in blow to SEGRO deal ...
27.09 / 11:21
markets
UPS
Provident
Maxim
Waters
show
Jack Mintz: Hands off our pensions, Trudeau Liberals!
Controversy broke out last week over a proposal from Brookfield Asset Management Ltd., the investment company, to create a $50-billion fund that would include pension and federal government money to invest in Canadian equities. Much of the uproar was focused on a conflict of interest for Brookfield senior executive, Mark Carney, who was recently appointed by Prime Minister Justin Trudeau to provide advice on economic policy.
24.09 / 15:39
CDPQ buys stake in U.S. power company from Brookfield Asset Management
MONTREAL — The Caisse de depot et placement du Quebec has signed a deal with Brookfield Asset Management Inc. and its institutional partners to buy their 25 per cent stake in British power company First Hydro Co.
18.09 / 13:41
Digital
economy
Pool
wellness
Interviews
International
Multi-billion fund involving Brookfield, Ottawa and major pensions being discussed, sources say
The creation of a multi-billion-dollar investment fund seeded with federal government money and designed to attract additional investments from Canada’s large pension plans is among ideas put forward as former Bank of Canada governor Stephen Poloz pursues his mandate to help Ottawa find ways to direct pension billions into the Canadian economy, according to two sources with knowledge of the proposal.
21.08 / 15:35
UPS
wellness
Trade
reports
Pharmaceuticals
Brookfield seeks US$10.6 billion to back Grifols takeover
Brookfield Asset Management Inc. is asking banks to line up about €9.5 billion (US$10.6 billion) of debt for its potential take-private deal for Spanish pharmaceutical producer Grifols SA, according to people with knowledge of the matter.
20.08 / 19:34
Target
MET
FIVE
Aware
Manufacturing
Platform
Brookfield plans Rs50kcr green push in Andhra Pradesh
Brookfield has proposed to put over 50,000 crore in renewable energy over three to five years in Andhra Pradesh, potentially the largest overseas investment in the sector. The company, through its Evren platform, plans to add 8.66 gigawatts (GW) of wind and solar power projects, people aware of the development told ET. Senior executives from Brookfield, which manages renewable assets worth $102 billion globally, met Andhra Pradesh chief minister N Chandrababu Naidu on Tuesday. “Met with managing director of Brookfield’s renewable power and transition group, Mr Nawal Saini… Brookfield has expressed a keen interest in investing in our state's renewable energy sector, particularly in solar, wind, and rooftop energy,” Naidu posted on X.
16.08 / 01:56
UPS
SEC
security
Bill
Trade
show
reports
Bill Ackman's Pershing Square takes new stake in Brookfield Corp. worth US$285 million
Bill Ackman’s Pershing Square Capital Management LP built a stake in Canadian investment management giant Brookfield Corporation during the second quarter of 2024, a U.S. regulatory filing released Wednesday showed.
30.05 / 14:21
markets
COST
country
exclusive
reports
Interviews
Brookfield in talks to buy France's Neoen at US$6.6 billion valuation
Brookfield Asset Management Inc. is in exclusive talks to acquire a majority stake in Neoen SA with a view to launch a takeover offer that would value the French renewable energy developer at about €6.1 billion (US$6.6 billion).
03.05 / 11:59
SVB
show
Courts
Financial
SVB Financial set to offload VC unit to Pinegrove affiliate
SVB Financial Group, the former parent company of Silicon Valley Bank, said it reached a deal to sell its venture capital unit to a newly created affiliate of Pinegrove Capital Partners.
20.04 / 13:06
markets
Election
WhatsApp
Sony
reports
PE/VC investments decline marginally in March quarter: Report
private equity and venture capital funds have declined by 1 per cent year-on-year to USD 13.5 billion in the March 2024 quarter, according to a report. However, it was 41 per cent higher compared to the preceding December quarter, the report by consultancy firm EY and industry lobby grouping IVCA said.
21.02 / 00:35
Target
Digital
Strategy
economy
trends
information
Brookfield explores new infrastructure fund months after record close
Brookfield Asset Management Ltd. is beginning early-stage discussions about its next infrastructure product, two months after it closed a record fund that it’s deploying into transportation, telecom and other hard assets.
09.02 / 20:05
01.12 / 20:42
Target
Digital
Strategy
Pool
2020
Brookfield
Brookfield raises US$28 billion for largest-ever infrastructure fund
Canadian private capital group Brookfield has raised a record-sized US$28 billion infrastructure fund as institutional investors plough cash into strategies they expect will benefit from higher interest rates and a shift away from globalization.
24.11 / 06:28
23.11 / 23:03
Target
Merit
Strategy
show
reports
Brookfield
Low
Origin Energy's top investor rejects Brookfield's 'low-ball' new bid
Origin Energy Ltd.’s top investor rejected a revised A$19.1 billion (US$12.5 billion) takeover plan by a Brookfield Asset Management Ltd.-led group, casting the year-long pursuit into new doubt.
23.11 / 08:55
Provident
CEO
Platform
Experts
track
information
recommendations
AustralianSuper blasts Brookfield’s ‘low-ball’ Origin offer
AustralianSuper has blasted attempts by Brookfield to “buy more time” on its $18.7 billion bid for Origin Energy, describing an alternative deal asa “low-ball offer” that would shortchange investors in favour of a private equity consortium.
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